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The UK is facing a serious crisis as it continues to live beyond its means and remains detached from reality. The current state of affairs is unsustainable. It’s time to face reality and accept that the country has reached its financial limits.
The current Labour-Tory-Whitehall consensus view is not working. All parties promise huge new spending on pensions and the NHS that the country simply cannot afford. We urgently need an entirely different political class that is willing to puncture our national delusions.
These are arguments made by Allister Heath, the editor of The Sunday Telegraph, in a recent article. As it provides food for thought particularly in light of general elections being held this year, we have reproduced his article below.
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The following is the article ‘I have glimpsed the terrifying future of lazy, defenceless, near-bankrupt Britain’ written by Allister Heath and published by The Telegraph on 21 February 2024.
It’s the modern British disease: we are living so far beyond our means as to have become entirely detached from reality. We are an increasingly impoverished and indebted nation, a rudderless second-order global power, and yet, like penniless aristocrats harking back to a bygone age, we retain Rolls-Royce tastes and a misplaced sense of entitlement.
We crave French-style levels of “free” public services, but want to pay Florida-levels of tax. We are fickle and inconsistent and suffer from grossly unrealistic expectations as to what we can afford given the state of our economy. We seek a foreign policy that punches above its weight, but are allowing our Armed Forces to shrivel. We have lost interest in working hard, in deferred gratification, in getting up in the morning even when we don’t feel like it, but want to retain our triple-locked pension, subsidised public transport and generous welfare state, policies backed by Tories and Labour alike.
Our economy has underperformed terribly since 2008, and yet we feel able to spend even more on the NHS and constantly hike the minimum wage. We want to spend and spend and spend yet more, encouraged by demagogic politicians who tell us that we can have it all, but have forgotten that the world doesn’t owe us a living. With no economic growth, and a dire outlook caused by 25 years of social-democratic idiocy, the sums aren’t close to adding up, and printing money – as during the financial crisis and Covid – would be lethal in an inflationary age.
I look at the future, and I fear for our children: we are bequeathing them a poisoned legacy.
The tax take is already at its highest level since the late 1940s, and yet the state is incapable of delivering its core functions.
Our second largest city, Birmingham, is effectively bankrupt, felled by absurd equalities legislation (supported by the Tories) and typical local government incompetence (perfected by Labour).
The Army’s full-time strength will be cut to just 73,000 by 2025, the forces are suffering a bitter recruitment crisis, our aircraft carriers are plagued with technical issues, the Navy’s destroyers and frigates apparently don’t have the ability to fire missiles at Houthi targets on land, supplies of ammunition are extremely limited, and a nuclear test has gone wrong, posing grave questions over the health of our Trident deterrent.
Our roads are littered with potholes and strewn with litter. The prisons are full. The police appear convinced that virtue-signalling on Twitter is a substitute for tackling burglaries and car thefts. Meanwhile, billions are being spent on the rush to net zero, on “free” museums for the middle classes, on rocketing benefits bills and on endless woke madness. We need a reality check, to accept that we have hit our budget constraints.
One immediate problem is the collapse in our work ethic, the vast numbers of drop-outs from the labour force, the rise in the number of people on out-of-work benefits and the increase in those deemed too ill to be in employment. This is partly the effect of Covid and lockdowns, and the spread of a “something for nothing” mentality. NHS waiting lists don’t help, and neither does a sick note culture. Much higher marginal taxes for millions are another reason for this reduction in work ethic. Another is sky-high house prices: why bother if there is no point aspiring?
Longer term, population ageing and collapsing birthrates will destroy the NHS. The Centre for Policy Studies (CPS) estimates that spending on the state pension and pensioner benefits will rise from 5.5 per cent of GDP today to 9.6 per cent by 2072, assuming the continuation of the triple-lock and other existing trends. Social care expenditure will double from 1.2 per cent to 2.5 per cent of GDP. The NHS’s share of national income will explode from 8.3 per cent of GDP to 15 per cent. That’s an extra 12.1 per cent of GDP for starters, enough to turn us into a failed state. We will also need to boost spending on defence – from 2 or so per cent to closer to 3.5 – and spend more on nuclear and other electric infrastructure.
This unfathomably large bill will be borne by proportionally fewer young people. In 1972, there were 4.5 workers per pensioner, today, it’s 3.3 and by 2072 there will only be 1.9 workers per pensioner. Do we really expect young people who cannot afford their own home and will never be able to retire to hand over most of their income to pay for their asset-rich elders? Revolution, anyone?
Ever larger immigration isn’t the answer: foreign workers age too, and only migrants who are net contributors to the Exchequer over their lifetimes (when accounted for properly, and including dependents) help the public finances.
We have three possible paths ahead of us. The first is to usher in an economic revolution to turbocharge growth modelled on that being pushed through by Javier Milei, Argentina’s libertarian president, the world’s most inspirational politician despite his silly views on the Falklands.
This would require drastic tax cuts and simplification, privatisation, intense deregulation, the drastic downsizing of the green belt to allow mass house building, extreme divergence from the failed EU model, a resurrection of the stock exchange, an entrepreneurial revolution, radical foreign investment incentives and much else besides.
To keep spending on the elderly to 10 per cent of GDP would require growth of 2.9 per cent a year for the next 50 years, and productivity growth of 3 per cent, the CPS calculates, aka a miraculous turnaround.
The second option, is – also like Milei – to simply take a chainsaw to the public sector, and accept that the state pension must be means-tested, the NHS needs to be part-privatised, and transfers and subsidies slashed. We can’t afford our old social-democratic, “centrist Dad” indulgences any longer.
The third would be to retain the current Labour-Tory-Whitehall consensus view of the welfare state and economic policy, and gradually embrace full socialism, becoming the highest tax, biggest state in Europe over the next two to three decades, ultimately relegating us to emerging economy status – like Argentina pre-Milei.
I favour a combination of options one and two. We urgently need an entirely different political class that is willing to puncture our national delusions.
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Categories: Breaking News
The guy is correct, and has a better understanding than most of sustainability. We will run out of everything, wealth, energy and time. Expectation need to be lower we are urged, apart from the politicos and uncivil servants, of whom we have far too many. Things need correcting fast or a revolution may fix the problem.
Revolution is already here. It began with the farmers revolt raging across Europe, Italy, China, Wales, Ireland.
When food becomes scarce and the silent public are forced to scavenge, non existent backbones will miraculously grow back.
https://www.youtube.com/watch?v=TrjL_HPQa0I
“We are an increasingly impoverished and indebted nation”
Well, duh. When everything is owned by blackrock, all the profit flows to america. And everything is owned by blackrock. The whole point of the ukraine war is to allow blackrock to buy up what’s left after the war. They’ve been doing it for months already, so that the ukranians are in the same position as the british. Anything the people do only profits america. Examples of things owned by america? Cadburys. Mcvities. Tilda rice. The national grid. The actual power companies (those with power stations). The water companies. The supermarkets (and more importantly the food in the supermarkets). The petrol supply. The wind farms. And, of course, the banks.
And don’t forget that your entire healthcare service is owned by america too. The buildings, the ambulances, the drug supplies, the equipment supplies (you ridiculously rent all the beds, computers, buckets and mops and all the rest from american companies instead of buying them). All courtesty of your foreign government, who’re all millionaires scores and hundreds of times over from the backhanders.
Includiing Boots, owned by I think it is Walgreens.
If America owned the healthcare system, it would be free. You are confusing the American Government with the Corporate Government. The American Government with the UNITED STATES and other derivatives. The American Government is not the Democrats or Republicans.
https://tasa.americanstatenationals.org/
Well, it needs to show it’s face fast!
Everything is owned by men and women. Everything.
The problem is, and it is a very big problem, men and women would rather be a legal fiction person instead of standing on their authority as men and women.
Fictions cannot possess property of any description. That which is dead (Corporate) cannot possess property of any description.
Only the living can possess property, assets, land, gold, silver etc etc etc.
When Schwab says “you will own nothing and be happy”, he is taking the piss. He knows fictions already own nothing. His statement obfuscates the Truth.
A National Government for the people by the people is already set up. What it needs is support of men and women.
Also men and women need that National Government themselves for many beneficial reasons.
https://theenglishcountiesassembly.co.uk/
If things carry on the way they are, it won’t be long before we will be ruled by a certain ethnicity. They are not known to be too fond of allowing freedom of choice for the females.
The minds of men and women needs restructuring.
Men and women ARE the highest authority on Earth.
It is the infrastructure of weak minds that needs urgent attention.
The problem rests in the “charter” of a corporation. The charter is an insurance policy for the public to revoke if the corporation is not working in the best interests of the general welfare of a jurisdictions populations. That safe-guard was disposed of via the “purchase” of the so-called public representatives….. our crooked governments. So the fox guards the wolfs back while it is ransacking the hen-house (the public). Without the ability to terminate a corporations right to operate….. well, we’re living with the consequences of its absence. International charter revocation and re-issue on our terms is a bare minimum requirement. Most people clearly don’t even know what a “charter” is…… talk of this sort freezes globalist blood and is considered “verboten”
https://www.bitchute.com/video/cPStShXLNXjV/
Really disagree with this article Rhoda, the problem is communal means being hoovered up a greedy few, which people who have been deliberately impoverished, then get the blame for.
It sickens me so many fall for the deflection and blame the victims, who have the right to work which offers a true living wage providing a decent standard of living. However, the biggest issue to me is that the tax burden falls on those with the least means. The greedy who are the problem pay a comparative pittance in tax and are the first to blame the impoverished victims..
Agree agree agree.
” Its the rich wot gets the pleasure and the poor wot gets the blame”. (for the benefit of younger people, that’s an old music hall song that we oldies all used to be familiar with).
To quote the article (what else could we expect from the smug Telegraph), “we” must stop living beyond our means. Does “we” include the supermarket delivery people etc who spend 8 hours a day lifting heavy crates and trying to park their trucks in impossible spaces, who get up 6am in freezing cold rain etc.
Or
PS Continued Or those who work down the drains and sewers, or collect the rubbish, or do heavy building work etc etc etc.
Those pontificating Telegraph journalists would soon miss the work of these people if they really as workshy as they say they are.
S Continued Or those who work down the drains and sewers, or collect the rubbish, or do heavy building work etc etc etc.
Those pontificating Telegraph journalists would soon miss the work of these people if they really as workshy as they say they are.
” Its the rich wot gets the pleasure and the poor wot gets the blame”
Old enough to remember that song too mcc, words of truth indeed. Most people were pretty aware of what was going on back then, weren’t scared to make their voices heard either. Living standards have dropped off a cliff for most people, starting in the late ’80’s, while most blame the impoverished, instead of the real criminals.
The ’70’s and much of the ’80’s were a great time to be a young adult, many of us thought we could make a fairer world.
What you need is direct democracy, i.e. direct votes from the people on political decisions! Any political “class” will work for its own interest. Switzerland has been doing it – and it works better than any other system.
Definitely agree the Swiss have the best political system, think voter petitions which get 100k signatures, have to be acted on?
Not anti-government myself, with massive communities think there needs to be some limited Government, who are guided by the participation and needs of the electorate.
Personally want REAL Democracy.
[…] UK needs an entirely different political class that’s willing to puncture our national delusi… […]
Why are we “an increasingly impoverished and indebted nation”? It is because of the Bank of England and their fake fiat currency. We are “indebted” to them under the present system but we should just tell them to get stuffed and abolish them completely.
Central banks can just generate as much money as they like whenever they like so “grossly unrealistic expectations as to what we can afford given the state of our economy” is complete nonsense.
People have “lost interest in working hard” because they realise they are being conned. Who wants to work hard just to make someone else rich?
Loads of money was printed during the covid hoax so why not just print loads more now? Why was it ok then but now it “would be lethal in an inflationary age”? They can print loads of money for the rich but not for the peasants apparently.
Birmingham and many other cities like my city (Nottingham) are
“effectively bankrupt” because they are run by self serving corrupt criminocrats. So who is going to prison then? As usual no one.
The armed forces have been deliberately degraded so that we are not able to defend our country when the Chinese invade. The Chinese model of totalitarian control is exactly what our treacherous leaders want to impose on all of us. And exactly who are the young military age men who are being infiltrated into our country right under our noses?
It is true that “the prisons are full” which is why 7 brand new mega prisons have been built in the English countryside. Each of these prisons can hold 20,000 people and each has a crematorium attached to it. The only question is who is going to be put in these death camps?
We do not have to “accept that we have hit our budget constraints” because the constraints are totally artificial and are a function of our corrupt central bank fake fiat currency system. We need a better system.
“The collapse in our work ethic” is not because people are lazy but because people realise that they are being exploited as slaves. The “something for nothing mentality” is exactly what the rich have. It is socialism for them and ruthless capitalism for the rest of us.
It is true that “collapsing birthrates will destroy the NHS” but there is no mention of the covid shots having a huge impact on this. They are causing infertility, abortions and still births.
The NHS is a fully captured organisation that is being destroyed from within by “common purpose” operatives. Get rid of them and the money could be well spent and the NHS could function properly.
What is being presented by this writer including “privatisation” and “intense deregulation” sounds suspiciously like the great resetters stakeholder capitalism aka fascism.
This writer seems to consider the elderly to be an economic burden. So do the great resetters which is why the elderly are being murdered in large numbers. Tens of thousands were murdered in England during the first wave of the fake pandemic. They will do it again unless people wise up to fake viruses and fake pandemics.
It is obvious to the thinking classes that the fake binary of left wing versus right wing is now obsolete. There is only right versus wrong now. This writer is obviously still pushing fake right wing nonsense like taking “a chainsaw to the public sector”
because apparently we cant afford it and “our old social-democratic, “centrist Dad”” are apparently “indulgences”.
The mantras about taxes and the size of the state are very tedious, outdated, and are missing the point entirely. Depending on your political leanings you can call stakeholder capitalism communism, socialism, or fascism. It all amounts to the same thing.
We do “urgently need an entirely different political class” and also a better class of commentator that can see through the now defunct left versus right political paradigm.
“Revolution, anyone?” Absolutely but this writer doesnt understand the kind of revolution that we really need.
WE need managers with appropriate qualifications for each job. People WE (via the internet) can hire and fire according to their track records. WE do not need other versions of people saying they’ll do one thing and then doing something completely different. That has been going on for far to long. Let’s get going with a Great Free Set…NOT a great globalist reset aimed at creating a neo-feudalism.